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Multiply the current fair market value or appraised value by the 2017 Common Level Ratio of 65 to determine your correct assessed value. Compare the correct assessed value to the current real estate tax assessment you just located on the Delaware County website above. If the current assessed value is higher than the correct assessed value you should hire the Law Offices of Spadea & Associates, LLC to file a Real Estate Tax Assessment Appeal before August 1, 2016.
By default, LLCs themselves do not pay federal income taxes, only their members do. Delaware, however, imposes an annual tax on LLCs. The tax, which recently increased, is a flat $300 and is payable to the DOS. The tax is due on or before June 1. There is a $200 penalty for late payments. You can pay the tax online at the DOS website.